Cherokee Hill of Richmond Inc

Analysis

Cherokee Hill of Richmond Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cherokee Hill of Richmond Inc reported income of $92k and spending of $191k, spending 209% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $92k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cherokee Hill of Richmond Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Holistic Dental Asso ($92k), Sadie Ethel Macdonald Charitable Trust ($92k) and Outreach to the World Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $257k against liabilities of $309k, net assets of -$52k.